Eschelon Telecom Closes IPO

After lowering its share prices to $14 last week, Eschelon Telecom yesterday closed its initial public offering, which garnered net proceeds of $69.8 million. Eschelon sold 5.3 million shares, leaving nearly 804,000 for its underwriters. The company now trades on the Nasdaq under the symbol “ESCH.” Some of the proceeds from the IPO will go […]

Buyers United Changes Name to UCN Inc.

UCN Inc. (Booth 511) has changed its corporate name from Buyers United Inc. to UCN Inc. and now trades its common stock on the OTC Bulletin Board under the UCNN symbol. Executives say the new name reflects the companys focus on developing and marketing on-demand contact management software applications, epitomized by the inContact product line, […]

Partner Channel Headlines: C&W Trades Direct Sales Reps for Agents

Posted: 03/2002 PARTNER CHANNEL HEADLINES C&W Trades Direct Sales Reps for Agents By Josh Long Rick Dellar Last fall, Cable & Wireless let go nearly its entire direct sales force responsible for its small to medium-sized and large corporate business accounts. As the number of pink slips mounted, independent agents found themselves in a strikingly […]

Trading Desk: Master Agreement Remains in Committee

Posted: 12/2000 ACE Expands Global Program The Asia Capacity Exchange (ACE,, which trades international telecommunications capacity, announced in late October an aggressive plan to expand into the Europe and Asia markets. With headquarters in Los Angeles and Hong Kong, ACE announced it has submitted applications for telecom licenses in Japan, Singapore and Australia. If […]

Trading Desk: Launches with $40 Million in Trades

Posted: 11/2000 Launches with $40 Million in Trades By Khali Henderson The "official" launch Oct. 15 of Inc.( may be somewhat anticlimactic for its wholesale bandwidth traders, consisting of navigational and cosmetic changes devised in the six months since its soft launch in April. With the exception of a "coming out" presence at […]

Trading Desk: RateXchange Sponsors Open Trading Platform

Posted: 10/2000 RateXchange Sponsors Open Trading Platform By Khali HendersonRateXchange Corp. ( in August announced the successful completion of the beta trial of RateXmatch, its new market service for bandwidth trading that breaks the confines of a proprietary trading system and opens it up for use by traders without regard to the method of delivery […]

Trading Post

Q: What is the Purpose of a Pricing Index? A: The concept is not new; indices are used as pricing mechanisms in stock and commodity markets. The ability to buy or sell bandwidth based on an index price is an alternative to the standard “fixed price”bids or offers.Q: What is an index?A: An index is […]

Market Makers Push "Telecommodities"

Posted: 12/1998 Market Makers Push "Telecommodities" By Khali Henderson In a decade of "disintermediation," when vendors like Austin, Texas,-based Dell Computer have been praised and copied for eliminating distribution layers (and incremental costs) between them and their customers, the telecommunications services market has added a layer of middlemen. By bringing buyers and sellers together, these […]

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